DSK, Link Legal act on L&T sale of subsidiary to IMC for 174 crore

Engineering conglomerate Larsen & Toubro (L&T) has entered into a definitive agreement for the divestment of its entire stake in L&T Cutting Tools with IMC International Metalworking companies BV, a company owned by Berkshire Hathaway Inc for Rs 174 crore.

DSK Legal advised IMC International Metalworking Companies and the team included Chirag Jain, Aakriti Dubey, Prachi Gupta and Tushar Ajinkya.